Laos Nominal GDP
1984 - 2022 | Yearly | USD mn | CEIC Data
Key information about Laos Nominal GDP
- Laos Nominal GDP reached 15.4 USD bn in Dec 2022, compared with 19.1 USD bn in the previous year.
- Nominal GDP in Laos is updated yearly, available from Dec 1984 to Dec 2022, with an average number of 2.4 USD bn.
- The data reached an all-time high of 19.1 USD bn in Dec 2020 and a record low of 599.0 USD mn in Dec 1988.
CEIC converts annual Nominal GDP into USD. Lao Statistics Bureau provides Nominal GDP in local currency based on SNA 2008. The Bank of the Lao PDR average market exchange rate is used for currency conversions. Nominal GDP prior to 2012 is based on SNA 1993 and prior to 2002 is sourced from the World Bank.
Related information about Laos Nominal GDP
- In the latest reports, Laos GDP expanded 4.4 % YoY in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 11.6 % in Dec 2022.
- Laos GDP Per Capita reached 2,595.0 USD in Dec 2021.
- Its Gross Savings Rate was measured at 18.4 % in Dec 2016.
- For Nominal GDP contributions, Investment accounted for 29.0 % in Dec 2016.
- Public Consumption accounted for 14.0 % in Dec 2016.
- Private Consumption accounted for 64.4 % in Dec 2016.
View Laos's Nominal GDP from 1984 to 2022 in the chart:
What was Laos's Nominal GDP in 2022?
Laos Nominal GDP reached 15.4 USD bn in Dec 2022, compared with 19.1 USD bn in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 15,362.5 2022 | 19,074.4 2021 | 599.0 1988 | 19,082.0 2020 | USD mn | yearly | 1984 - 2022 |
Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
| Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
| Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
| Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
| Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
| Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (USD mn) | 39,490.8 2022 | yearly | 1993 - 2022 |
| Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Georgia (USD mn) | 8,067.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Ghana (USD mn) | 17,844.2 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
| Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
| Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Kosovo (USD mn) | 3,220.0 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
| Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
| Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
| New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
| Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
| Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
| Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
| Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
| Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
| Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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Learn more about what we doLaos Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
| Total Exports (USD mn) | 2,147.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Total Exports Growth (%) | 2.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Aluminum: Exports (USD th) | 1,135.414 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 330.538 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 218.709 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,218.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Total Imports Growth (%) | 21.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Imports: Medicament (USD th) | 29,719.658 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 31,997.651 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 4.162 Aug 2024 | monthly | Feb 2005 - Aug 2024 |
| Total Imports from USA (USD mn) | 21.705 Aug 2024 | monthly | Aug 2003 - Aug 2024 |
| Total Exports to China (USD mn) | 240.828 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
| Total Imports from China (USD mn) | 150.694 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
| Exports: Agricultural Products (USD mn) | 202.210 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Mineral Products (USD mn) | 428.110 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Plastic and Rubber Products (USD mn) | 128.590 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 379.750 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 186.790 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 157.940 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 163.400 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 245.910 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Electrical Machinery and Equipment (USD mn) | 270.710 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Extra-ASEAN: India (USD th) | 102,124.000 2022 | yearly | 2008 - 2022 |
| Export Value Index (2015=100) | 210.618 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 99.478 2021 | yearly | 2000 - 2021 |
| Import Value Index (2015=100) | 110.567 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 88.616 2021 | yearly | 2000 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 2.7 2023 | yearly | 1984 - 2023 |
| Foreign Direct Investment (USD mn) | 318.2 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 11.9 2023 | yearly | 1988 - 2023 |
| Foreign Portfolio Investment (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.3 2023 | yearly | 1984 - 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| External Debt (USD mn) | 10,253.1 2023 | yearly | 1996 - 2023 |
| External Debt: % of GDP (%) | 74.2 2023 | yearly | 1996 - 2023 |
| Forecast: Current Account Balance (USD bn) | 0.176 2029 | yearly | 1980 - 2029 |
| BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
| FDI: France (USD th) | 0.000 2021 | yearly | 2000 - 2021 |
| FDI: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
| FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
| FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
| FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
| FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
| FDI: Mining and Quarrying (USD mn) | 126.792 2017 | yearly | 2015 - 2017 |
| Foreign Direct Investment (FDI) (USD mn) | 976.474 2022 | yearly | 2000 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Mar 2024 | quarterly | Dec 2017 - Mar 2024 |
| Money Supply M1 (USD mn) | 825.869 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 13,972.420 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| M2 Growth (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 1,819.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.5 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
| Total Deposits (USD mn) | 14,519.422 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| Total Deposits Growth (%) | 39.3 Mar 2024 | quarterly | Dec 2005 - Mar 2024 |
| Domestic Credit (USD mn) | 10,675.1 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Domestic Credit Growth (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Total Loans (USD mn) | 9,211.862 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Total Loans Growth (%) | 20.94 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 56.65 2023 | yearly | 2012 - 2023 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 16,961.698 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 286,965.565 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Reserve Requirement Rate: LAK (%) | 8.000 2023 | yearly | 1989 - 2023 |
| Commercial Banks (CB): Loans: Total (LAK bn) | 189,193.228 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
More Indicators for Laos
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National Accounts
GDP: by Industry: 1990 Price
GDP: by Industry: SNA 1993: 2002 Price: Bank of Lao PDR
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Industry: Current Price
GDP: by Industry: SNA 1993: Current Price: Lao Statistics Bureau
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP